Tax Consultancy Services

Tax Solutions Tailored to Your Eminent Status

Taxation in UAE is constantly evolving. Taxation policies play a crucial role in shaping UAE’s business environment by attracting foreign investment and supporting economic growth. New policies and regulations are introduced on a regular basis.

Introduced on January 1, 2018, VAT is an indirect tax applied to most goods and services in the UAE at a standard rate of 5%.

Starting from June 1, 2023, the UAE introduced a corporate tax on business profits, with a 0% rate on taxable income up to AED 375,000 and a 9% rate on income exceeding that threshold.

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Need for Tax Consultancy

Taxes can have a significant impact on a business’s bottom line. By understanding the tax environment, businesses can make informed decisions about their operations and finances to minimize their tax liability. Tax compliance is essential for all businesses. Businesses that fail to comply with tax laws can face significant penalties, including fines and imprisonment. It is important for businesses to stay up to date on the latest changes to ensure that they are complying.

MGI SRCA’s seasoned professionals will carefully assess your business tax needs, crafting a tailored financial plan to support your company’s unique goals. With a deep understanding of the UAE’s tax landscape and the latest in advanced tools and methodologies, we deliver personalized tax consultancy services that empower your business to thrive.

Why MGI SRCA?

  • Expert guidance on tax returns and audited financial statements.
  • Strategic advice on calculating tax payments accurately.
  • Customized solutions to prevent fines and optimize your tax strategy.
  • Up-to-date insights on evolving tax policies and regulations.
  • Professional support in resolving tax-related issues.